Life $125 from Equifax due to their Date Breach Fiasco - Page 3

chinaski · 07-26-2019, 11:02 AM

Here’s how to get $125 from this week’s settlement
https://www.theverge.com/2019/7/25/8...sign-up-how-to

(I just did this and it said I was eligible)

File an online claim today if you were affected by the 2017 data breach.

The US credit reporting agency Equifax settled earlier this week with the Federal Trade Commission over the massive 2017 data breach that exposed hundreds of millions of Americans’ Social Security numbers and other sensitive data. Now, you can finally file a claim to collect on the $700 million settlement, which contains a $380,500,000 consumer restitution fund, as part of the class action lawsuit.

The FTC this morning posted the claim website, where you can both check if you were affected by the company’s breach and fill out the relatively simple form that lets you specify to which claims you feel entitled. Thankfully, it is not operated by Equifax, but by the settlement administrator JND, which handles these types of sprawling class action and corporate bankruptcy cases that may eventually involve millions of people filing claims.

On the website, you can check whether you’ve been affected by the Equifax breach by inputting your last name and the last six digits of your Social Security number.

You’ll get a simple “our records indicate your personal information was impacted by this incident” message if you were indeed affected. From there, you can head back to the main page and file a claim. The claim process is incredibly simple, and you can do so online or you can print the form to fill it out and mail it in. You can also request that JND mail you a form, as well as download a form on behalf of a minor.

he form asks for some simple biographical information, like where you live and when you were born. From there you can request either a $125 check or pre-paid card, or free three-bureau credit monitoring. To claim the money, you need to already have credit monitoring and must have it for another six months after you file the claim.

If you’d rather have the money over the free provided credit monitoring, you can simply sign up for a free service like Credit Karma today, which offers free daily credit monitoring from its partner TransUnion. A number of credit cards, and Intuit’s budget-planning service Mint, also offer some versions of credit monitoring for free. Additionally, there are paid services like Identity Guard and MyFICO that do the same, with a few more robust identity theft protections and other services built in.

The Equifax breach claim process with then ask you whether you’d like restitution for time spent because of the breach, up to $25 per hour for a total of 20 hours. Chances are most affected Americans haven’t spent any time, mostly because a majority of people likely aren’t even aware they were affected.

That said, if you did spend time combating any identity theft issues or dealing with any credit fraud because of the breach, you can file a claim for compensation up to $500. You’ll have to provide a fair amount of documentation for this part, so unless it’s something you legitimately spent a lot of time on and have the records to prove it, you can just click next and move on.

The final step asks whether you’ve actually been a victim of identity fraud or theft because of the breach and suffered financially because of it without any reimbursement. Again, this will require some pretty serious documentation. Following this step, or if you just skip it by clicking next, you can specify check or pre-paid card for your claim and then confirm all your information.

You’ll end up with a claim number you should save to your computer as a PDF. The form asks for your email, but when I just filled it out earlier this morning, I did not receive an email, so it’s best to make sure you have a copy of the page saved offline in the event you’re asked to provide proof of your claim in the future.

As for the deadlines here, you’ll have until January 22nd, 2020 to file a claim, while November 19th, 2019 is the deadline for opting out in the event you’re pursuing your own legal case against Equifax. The final hearing for the case is set for December 19th later this year, when the settlement is expected to be approved. So while you may not see any of this money for quite some time, you do have have quite a few months to ensure you can sign up and tell your friends and family to do the same.

Here is the website:
https://www.equifaxbreachsettlement.com/

BWillie · 07-26-2019, 02:28 PM

Quote:

Originally Posted by Graystoke

I don't like the idea of putting my last 6 digits of SSN.

Where did you have to do that? I submitted my claim with out doing that.

**DaFace** · 07-26-2019, 02:48 PM

Quote:

Originally Posted by BWillie

Where did you have to do that? I submitted my claim with out doing that.

You don't have to do it before filing a claim, but you can check here:

https://eligibility.equifaxbreachset...en/eligibility

(The link is toward the bottom of the front page linked at the bottom of the article.)

**Dartgod** · 07-26-2019, 02:52 PM

Looks like I may be getting a $125 check. My wife was not affected.

**Bearcat** · 07-26-2019, 02:56 PM

Quote:

Originally Posted by Graystoke

I don't like the idea of putting my last 6 digits of SSN.

Well, they already have the first 3, too.

And all 9 are probably already on the dark interwebs anyway...

Do you feel better about it now?

**RollChiefsRoll** · 07-26-2019, 02:59 PM

Shit chyea, gimme that sweet, sweet $250.

**DaFace** · 07-26-2019, 03:00 PM

You guys expecting a full $125 out of this may be disappointed...

BWillie · 07-26-2019, 03:01 PM

Quote:

Originally Posted by DaFace

You guys expecting a full $125 out of this may be disappointed...

Whyyyyy

lets hear some lawyer talk

Discuss Thrower · 07-26-2019, 03:03 PM

Quote:

Originally Posted by DaFace

You guys expecting a full $125 out of this may be disappointed...

Yeah I got to the whole "detail time you spent rectifying the breech" part and decided taking 'free' credit monitoring was the better use of my time.

**DaFace** · 07-26-2019, 03:06 PM

Quote:

Originally Posted by BWillie

Whyyyyy

lets hear some lawyer talk

It's not lawyer talk, it's just math. Class action lawsuits always have a big number that they can theoretically pay to a person, but they have a cap on how much the total payout will be. So if a bunch of people file a claim, they have to reduce the payouts accordingly. I think the most I've ever gotten from one of these in the past is $30ish. It's still free money, so by all means file a claim, but don't start counting on getting $125.

In this case, the math has already been spelled out in this thread:

Quote:

Originally Posted by ChiliConCarnage

Reading the FAQ, I think I might be better off taking the multiple years of credit monitoring?

The pool for the $125 is only 31 million bucks. Given they leaked basically everyones info and this is going to be everywhere and on every news show I imagine I'd end up with $6.24 once it's diluted

And here's the specific language from their FAQ about it:

Quote:

If there are more than $31 million claims for Alternative Reimbursement Compensation, all payments for Alternative Reimbursement Compensation will be lowered and distributed on a proportional basis.

**007** · 07-26-2019, 03:07 PM

Quote:

Originally Posted by DaFace

You guys expecting a full $125 out of this may be disappointed...

I'm expecting 6 bucks

**srvy** · 07-26-2019, 03:08 PM

Quote:

Originally Posted by Hammock Parties

**** yes

free money

I got a letter in the mail over a month ago on this. Any money left of that 33 million class action payout was claimed in the first week.

**DaFace** · 07-26-2019, 03:09 PM

Quote:

Originally Posted by 007

I'm expecting 6 bucks

I'm pretty sure I got a $3 check from one of these a while back.

**Bearcat** · 07-26-2019, 03:11 PM

Quote:

Originally Posted by DaFace

It's not lawyer talk, it's just math. Class action lawsuits always have a big number that they can theoretically pay to a person, but they have a cap on how much the total payout will be. So if a bunch of people file a claim, they have to reduce the payouts accordingly. I think the most I've ever gotten from one of these in the past is $30ish. It's still free money, so by all means file a claim, but don't start counting on getting $125.

In this case, the math has already been spelled out in this thread:

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people.

BWillie · 07-26-2019, 03:42 PM

Quote:

Originally Posted by Bearcat

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people.

You you would have to think at least 20% of the people will file a claim, if not more.

Although I was involved in a class action law suit with Deffenbaugh and I thought I Would get much less and many more people would file claims. I was pleasantly surprised with the amount I received.

IowaHawkeyeChief · 07-26-2019, 10:12 PM

Quote:

Originally Posted by Bearcat

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people.

It appears its much more than $31m... at least $650m according to NYT

https://www.nytimes.com/2019/07/22/b...ettlement.html

Quote:

Equifax to Pay at Least $650 Million in Largest-Ever Data Breach Settlement

Me, my wife and two kids all qualified... I hate the scummy lawyers getting thiers, but this was a legit screw up.

07-26-2019, 11:02 AM
chinaski Veteran Join Date: Feb 2015 Location: He/Him Casino cash: $8739922	$125 from Equifax due to their Date Breach Fiasco Here’s how to get $125 from this week’s settlement https://www.theverge.com/2019/7/25/8...sign-up-how-to (I just did this and it said I was eligible) File an online claim today if you were affected by the 2017 data breach. The US credit reporting agency Equifax settled earlier this week with the Federal Trade Commission over the massive 2017 data breach that exposed hundreds of millions of Americans’ Social Security numbers and other sensitive data. Now, you can finally file a claim to collect on the $700 million settlement, which contains a $380,500,000 consumer restitution fund, as part of the class action lawsuit. The FTC this morning posted the claim website, where you can both check if you were affected by the company’s breach and fill out the relatively simple form that lets you specify to which claims you feel entitled. Thankfully, it is not operated by Equifax, but by the settlement administrator JND, which handles these types of sprawling class action and corporate bankruptcy cases that may eventually involve millions of people filing claims. On the website, you can check whether you’ve been affected by the Equifax breach by inputting your last name and the last six digits of your Social Security number. You’ll get a simple “our records indicate your personal information was impacted by this incident” message if you were indeed affected. From there, you can head back to the main page and file a claim. The claim process is incredibly simple, and you can do so online or you can print the form to fill it out and mail it in. You can also request that JND mail you a form, as well as download a form on behalf of a minor. he form asks for some simple biographical information, like where you live and when you were born. From there you can request either a $125 check or pre-paid card, or free three-bureau credit monitoring. To claim the money, you need to already have credit monitoring and must have it for another six months after you file the claim. If you’d rather have the money over the free provided credit monitoring, you can simply sign up for a free service like Credit Karma today, which offers free daily credit monitoring from its partner TransUnion. A number of credit cards, and Intuit’s budget-planning service Mint, also offer some versions of credit monitoring for free. Additionally, there are paid services like Identity Guard and MyFICO that do the same, with a few more robust identity theft protections and other services built in. The Equifax breach claim process with then ask you whether you’d like restitution for time spent because of the breach, up to $25 per hour for a total of 20 hours. Chances are most affected Americans haven’t spent any time, mostly because a majority of people likely aren’t even aware they were affected. That said, if you did spend time combating any identity theft issues or dealing with any credit fraud because of the breach, you can file a claim for compensation up to $500. You’ll have to provide a fair amount of documentation for this part, so unless it’s something you legitimately spent a lot of time on and have the records to prove it, you can just click next and move on. The final step asks whether you’ve actually been a victim of identity fraud or theft because of the breach and suffered financially because of it without any reimbursement. Again, this will require some pretty serious documentation. Following this step, or if you just skip it by clicking next, you can specify check or pre-paid card for your claim and then confirm all your information. You’ll end up with a claim number you should save to your computer as a PDF. The form asks for your email, but when I just filled it out earlier this morning, I did not receive an email, so it’s best to make sure you have a copy of the page saved offline in the event you’re asked to provide proof of your claim in the future. As for the deadlines here, you’ll have until January 22nd, 2020 to file a claim, while November 19th, 2019 is the deadline for opting out in the event you’re pursuing your own legal case against Equifax. The final hearing for the case is set for December 19th later this year, when the settlement is expected to be approved. So while you may not see any of this money for quite some time, you do have have quite a few months to ensure you can sign up and tell your friends and family to do the same. Here is the website: https://www.equifaxbreachsettlement.com/
Posts: 2,226

07-26-2019, 02:52 PM	#33
Dartgod Wasted away again... Join Date: Aug 2000 Location: in Margaritaville Casino cash: $7140000	Looks like I may be getting a $125 check. My wife was not affected. __________________ If you shed a tear for me, please make it a tear of joy. -Joe Tracy (Nzoner) . .
Posts: 51,158

07-26-2019, 02:59 PM	#35
RollChiefsRoll I don’t care for Auburn Join Date: Aug 2014 Location: Sweet Home Alabama Casino cash: $4590340	Shit chyea, gimme that sweet, sweet $250.
Posts: 6,695

07-26-2019, 03:00 PM	#36
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $1746899	You guys expecting a full $125 out of this may be disappointed...
Posts: 51,964